Bitcoin rallies $1,200 this morning. Sits at $20,600

[Cotton1]

I agree. Gold has intrinsic value, but in all actuality is is a poor item in emergency/economic preparedness. You can't eat it, or even readily spend it in most places. At this juncture, I'd not have any gold in my portfolio at all. I'd place bitcoin and litecoin in it's stead.

I agree 100%. I love Litecoin. It was $207 a few minutes ago. With BTC hitting new highs today the altcoins finally took off too.

[Cotton1]

1 Bitcoin equals
67,225.20 United States Dollars

A new high .

[Cotton1]

1 Bitcoin equals
68,407.90 United States Dollar

[Cotton1]

Despite all efforts by the socio-political universe to protect their corrupt incomes , by denying $Bitcoin , it continues to dust itself off , and climb back up. It will hit WallSt soon ......during 2022 it'll probably breach the $150,000 mark . It's an unstoppable force .......but the benchmark price per coin , is but a grain of sand on the beach , compared to the genius of it's capabilities . It's destiny is to become the undisputed universal champion of all reserve currencies , to serve the needs of the human species , as the future unfolds.

I agree with most of this post. I disagree with the $150,000 in 2022 but then again it's Bitcoin .my target is $175k in 12-24 months.

Have you noticed that cryptos seem to be presenting price action that shows an investment vehicle that is gaining maturity ?
I like that because it's easier to gauge price action and increases predictability. It's still a roaring Tiger in both directions and not fior the faint of heart . I also believe there is a true probability of BTC becoming the McDaddy of global currencies. The technology is there and it makes sense

One other huge bullish factor is there are still a tremendous number of investors that are trying to value it as one would a stock , bond , mutual fund etc. Therefore that money is on the sidelines and when and if the price rallies even higher they will pile on. The public loves to buy high and panic out low. It's what they've done since the first financial bubble " tulip bulb craze" and what they will always do.

I'm glad BTC is not value determined as other investment vehicles. Makes it a better hedge against the factors that affect them but not BTC.

So far a good inflation hedge as well. That's been a huge factor in the price run to the recent record highs.